2021-01-30

TECH STOCKS

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFU
CENTRAL BANK LIQUIDITY TENDS TO PUSH TECH STOCKS HIGHER

S&P 500

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WE HAVE MORE THAN ARGUMENT THAT THE P&S 500 HAS COMPLETED THE FIVE WAVES UP RALLY,AND CORRECTION HAS BEEN TAKING PLACE
FROM  EWP PERSPECTIVE, THE LAST WAVE WAS UNABLE TO REACH THE UPPER TRENDLINE OF THE UP CHANNEL,AND THE NEGATIVE CLASSIC DIVERGENCE ON THE MACD HISTOGRAM CONFIRMED THIS COUNT
SO ,MORE LIKELY US MARKET INDCES IS CORRECTING WAVE 2, ADDITIONALLY THE FIFTH WAVE WAS AN ENDING DIAGONAL ,SO US INDCES WILL SUFFER FROM A DOUBLE EFFECT THAT MAY TAKE PRICES INTO DEEPLY CORRECTION THAT TEND TO MORE OFTEN TO RETRACE 61.8% OR 50% OF THE PREVIOUS WAVE (FROM MARCH LOW TO RECENT HIGH) ABOUT 2850-3000 ZONE AT LEAST TO 3200, 
SO 3600 LEVEL SHOULD BE BROKEN AND THE 40 WEEK LINE MORE LIKELY CAN‘T OFFER  SUPPORT AT 3400 AS WELL

2021-01-29

US RESSION

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
The probability of US recession in 12 months, calculated from the yield curve, decreased to 13% in January

BTCvsUSD UPDATE

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN IS FORMING  BEARISH ALTERNATE BAT PATTERN OR BEARISH CRAB PATTERN ,THEY ARE SHARING THE SAME B POINT RETACEMENT 38.2% OF XA LEG. SO KEEP AN EYE OPENING ON $42700-$43300 ZONE, IF PRICE ACTION TURNS LOWER IT COULD BE HITTING $38000 THEN $34500, WHILE IF PRICE ACTION KEEPS GOING UP , IT MAY BE SHOOTING UP THE $47700-$49300 RANGE, HOWEVER IN TESE RANGES WACH CAREFULLY ANY REVERSAL SIGNS LIKE BEARISH CANDLESTICKS AND BEARISH DIVERGENCE ON RSI INDICATOR
TO TRADE WITH THIS PATTERN :- AFTER CLOSE BACK ABOVE $34900 (ABOVE (B) POINT)  , BAAM IS TRIGGERED. GET LONG ON THE BREAKOUT OF B POINT TO CAPTURE THE SEGEMENT TO  THE COMPLETION OF THE PATTERN

2021-01-28

GME STOCK

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE GAMESTOP SHARE IS AN  EXAMPLE OF HOW BUBBLES WORK, AND SPECULATIVE MANIAS. STOCK KEEPS GOING UP  TO MORE 800% IN LESS THAN TWO WEEKS , PRICE PUMP AND PUMP AND THEN PLUNGED BY 85% IN A FEW HOURS SO FAR
BELIEVE OR NOT ! GAMESTOP HAS SKYROCKETED ABOUT 1700% THIS YEAR,THIS IS NOT NORMAL, U CAN SAY,THIS IS WHAT IS A SO CALLED GAMESTOP TRADING FRENZY
 THE US MARKET BECOMING A VIDEO GAME
 😄ENJOY

DOW JONES

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE NEAR-TERM UPTRENDLINE IS STILL WORKING SIGNIFICANTALY SO FAR, IT IS STILL STANDING AS A BARRIER AGAINST FALLING PRICES
BUT HOW LONG CAN IT HOLD ?. IF  THE MARKET IS AT THE START OF A DECLINE, U SHOULD EXPECT  THAT THIS TRENLINE CAN‘T AFFORD FOR LONG TIME, AND SOONER OR LATER IT WILL BE BROKEN , IN THIS SITUATION, I DO THINK THE ELLIOTT COUNT WHICH IS NEARSET TO REALITY IS 1,2,3....NOT ABC. BUT IF IT IS ABC ? WE NEED PRICES TO COSE BACK ABOVE31120 
EVENTUALLY, IF THE UPTREND IS BROKEN , WE HAVE A MEASUREMENT LIKE THE METHOD OF HEAD AND SHOULDERS, WE WILL TALK ABOUT IT LATER WHEN THE BREAKING OF THE UPTREND OCCURS

2021-01-27

GLOBAL GROWTH PROJECTIONS

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GLOBAL GROWTH IS NOW PROJECTED AT 5.5% AND 4.2% IN 2022

DOLLAR INDEX

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DOLLAR ON 4H CHART IS FORMING MANY CHART PATTERNS,SOME OF THEM ARE BULLISH WHILE THE OTHERS ARE BEARISH,BUT NOTICE ONLY ONE SO FAR  IS REAL OR VALID ,WHICH IS A SYMMETRICAL TRIANGLE INTO THE POTENTIAL BIGGER INVERTED HEAD AND SHOULDERS, WE KNOW SYMMETRICAL TRIANGLE WILL FOLLOW THE PREVAILING PRICE TREND , SO THEAORETICALLY IT IS LIKELY TO BOOST THE BOTTOM HEAD AND SHOULDERS TARGET
BUT IN ELLIOTT THEAORY WE KNOW, ANY SURGE WITH THREE MOVES  IT‘S  A CORRECTIVE IN NUTURE  USUALLY FOLLOWED BY FALLING TO NEW LOW,SO I ANTICIPATE DOLLAR  CAN RISE NO MORE THAN 91 THEN HEADING LOWER TOWARDS 89 -88 RANGE. BUT FIRST WE NEED DOLLAR BREAKSDOWN 89.89 LEVEL TO CONFIRM THIS PERSPECTIVE

2021-01-26

MARGIN DEBT vs COMPSITE VALUATION INDEX


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
Margin debt has reached an all-time high. Does market euphoria suggest a correction coming?

MSCI WORLD EX US vs MSCI US

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
With the dollar weakening, will international stocks (ex-US) continue to outperform US equities this year?

GOLD

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DIAGRAM1 SHOWS GOLD ON THE BIGGER PICTURE, TO REMMBER THE PRIMARY COUNT WHICH I FOLLOW, I HAVE ALSO ALTERNATIVE SCENARIO SUPPOSED THAT GOLD MORE LIKELY FINISHED THE BEAR MARKET RALLY FROM 2016 AT $2075 AS WAVE Ⓧ OF DOUBLE ZIGZAG W-X-Y, SO IF GOLD DRIVE ME TO USE THIS COUNT I WILL DO THAT
DIAGRAM2 MORE DETAILS ON SMALLER DEGREES, AS WE SHOW GOLD IS CORRECTING THE MINOR FOURTH WAVE, WHICH UNFOLDS INTO DOUBLE ZIGZAG W-X-Y
NOTICE DECLINE IN  FIVE WAVES IS STRONG ARGUMENT THAT THE WAVE X HAD COMPLETED, AND THE WAVE A OF THE LAST WAVE Y IS STARTING. AND NOW  B WAVE OF Y I THINK IS STILL ONGOING , MAYBE AS A TRIANGLE,THEN ONE PUSH DOWN  TO AROUND $1700 AS C WAVE OF Y TO COMPLETE THE MINOR FOURTH WAVE

2021-01-25

GOLOBAL CYCLICALS vs DEFENSIVES

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THIS WAS ONE OF THE MOST BULLISH CHARTS OF LAST YEAR

JUNK BOND SALES

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US JUNK BOND SALES ARE POISED TO SET A NEW RECORD FOR THE MONTH OF JANUARY
U.S. junk-bond sales are poised to set a new record for the month of January, via 

CRUDE OIL

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
OIL SINCE HAS BOUNCED FROM MARCH LOW ADVANCING IN IPMLUSIVE MANNAR AS  THE THIRDWAVE ,SURE, THE THIRD WAVE WILL BE DIVIDED INTO FIVE WAVES ON SMALLER DEGREE, SO OIL  CLOSE TO  COMPLETE THE MINUTE WAVE ONE OF THE MINOR THIRD WAVE
I THINK OIL ON THE CUSP OF FINSIHING FOURTH WAVE OF MINUTTE FIFTH WAVE  WHICH HOLDS ABOVE $50 THEN REBOUND TO FINISH FIFTH WAVE WHICH COULD HIT $ 55-$56 RANGE

2021-01-23

INFLATION


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
ARE INFLATION EXCPECTIONS TOO HIGH ?

BTC vs USD


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I DO THINK BITCOIN COMPLETED THE MINUTE FOURTH WAVE (RED COLOR) AT $28990
THIS WAVE UNFOLDS AS DOUBLE ZIGZAG,THE HEAD AND SHOULDERS‘DON AND THE $28500 IS VERY IMPORTANT SUPPORT CAN HOLD PRICES.AND ALREADY MINUTE FIFTH WAVE HAS COMMENCED
NOTE: PROBABLY THIS WAVE IS ONE OF THE TRIANGLE‘S WAVES ON THE WAY TO FORM

2021-01-22

S&P 500 vs NEW PRESENT

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AFTER THE PRESIDENTIAL INAUGURATION IN THE US, MARKET WEAKNESS IS EXPECTED IN FEBRUARY

DJA vs VIX

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IT SEEMS THAT, THE VOLATILIITY INDECATOR IS FORMAING FALLING WEDGE,WHILE THE DOW JONES HAS ALREADY FINISHED THE RISING WEDGE OR ABOUT TO FINISH 
BE AWARE,IF THE WEDGE IS THE FITH WAVE(ENDING DIAGONAL) SO EXPECT A SHARP MOVE, THAT BRINGS PRICES AT LEAST BACK TO WHERE THE DIAGONAL BEGAN OR FAR FURTHER 

2021-01-21

GOLD PRICES


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WILL THE BULL MARKET IN GOLD CONTINUE ? BOFA STILL EXPECTS GOLD PRICES TO REACH  NEW HIGHS TO $2200/ OZ IN Q3 2021

TECH FUND FLOWS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IN FLOWS INTO THE RECH SECTOR REMAIN STRONG AS INVESTORS EXPECT THIS SECTOR TO CONTINUE TO OUTTPERFORM

2021-01-20

GLOBAL RESERVE CURENCIES SINCE 1450

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GLOBAL RESERVE CURENCIES SINCE 1450

S&P 500


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE S&P 500 IS VULNERABLE TO HIGHER YIELDS OR DISAPPOINTING ECONOMIC ACTIVITY

2021-01-19

FED HIKE NEXT YEAR



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FED RATE HIKE NEXT YEAR

GLOBAL SHORT RATES



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
 GLOBAL SHORT RATES

TESLA & BITCOIN


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
 WE CAN SEE THE HARMONY BETWEEN TESLA SHARE AND BITCOIN THEY ARE UBFOLDING INTO TRIANGLE AS WAVE FOUR THEN THE MOVEMENT AFTER ELLIOTT‘S TRIANGLES OFTEN  FAST , SHARP. U COULD LOKINIG FORWARD TO NEW ALL TIME HIGHS IN BOTH 

2021-01-18

دقه الوصف القرأنى

بسم الله الرحمن الرحيم
سبحان الله لما تقرأ القرأن الكريم وتتدبر اياته ولو كنت ملم باللغه العربيه هتكتشف اد ايه ان القران الكريم لا يمكن يكون واحد من الانس او الجن كتبه كما ادعى البعض سابقا ، لكن شوف مثلا دقه الوصف واستخدام اللغه العربيه فى موضعها فى ايه قرأنيه زى " وهزى اليك بجذع النخله تساقط عليكى رطبا جنيا" هتلاحظ ان حرف الهاء وهو حرف رخو لين فى اللغه العربيه مخرجه اقصى الحلق(تقريبا منتصف الحنجره ) مناسب لحاله السيده مريم وهى فى حاله مخاض الولاده وانا كنت اتكلمت قبل كده عن الايه دى فى ان ربنا امرنا بالاخذ بالاسباب فى كل نواحى الحياه واظن مافيش اضعف من حاله مخاض الولاده والضعف والوهن اللى بتكون عليه المرأه ورغم كده ربنا امر السيده مريم بالاخذ بالاسباب وانها تهز النخله وتسيب النتيجه على مسبب الاسباب ، لكن الروعه فى استخدام حرف الهاء اللبن والرخو فى الفعل هزى وهو فعل امر للسيده مريم فهزى هنا يعنى حركى برفق وهنا التناغم بين استخدام الفعل والحاله البدنيه للسيده مريم ، لكن لما نشوف ايه قرأنيه تانيه زى " انا ارسلنا الشياطين على الكافرين تؤزهم ازا) فالأز هنا يعنى الحركه بعتف واستخدام حرف الهمزه فى تؤزهم هو حرف خشن يفيد الشده ومخرجه من اقصى الحلق ايضا ، لكن لو حاولت تجرب مخرج الحرف بتسكينه هتلاقى ان الهاء بتقبل السكون لانه حرف لين لكن الهمزه ما تقبلش السكون لكن تقبل الحركه اللى قبلها بمعنى لو اللى قبلها كان مفتوح تنطق مفتوحه وهنا كان اللى قبلها حرف الواو يقبل الضمه عشان كده قبلت الضمه وبالتالى ربنا بيقول انه جل وعلا بيسلط الشياطين على الكافرين لتزعجهم وتدفعهم دفعا الى الباطل وهنا سؤال هو الكافر محتاج شيطان لاغوائه ؟! ماهو بيرتكب كل المعاصى والشيطان مش فى حاجه له اصلا لكن سبحان الله الشيطان هنا بيحارب القطره السليمه للانسان،لان حتى الكافر ممكن يجى عليه اوقات يفكر فى عجائب صنع الله وبالتالى يؤمن فحتى ده مش هيسيبه او يترك له هذه اللحظات ، هى المعركه كده بين الشيطان وبنى ادم ولخصها الشيطان لما قال فبعزتك وجلالك ايه ! لاقعدن لهم صراطك المستقيم فشغلته انه يثنى اى حد عن الصراط المستقيم حتى الكافر او الفاسد لو للحظات فكر انه يتوب مش هيسمح له باللحظات دى ونخلى بالنا يا جماعه من نقطه ان الانسان لما بيبعد عن ربنا المولى عز وجل قال ايه " ومن يعش عن ذكر الرحمن نقيض له شيطانا فهو له قرين وانهم ليصدونهم عن السبيل" وفى موضع تانى قال ايه المولى عز وجل "واما من اعطى واتقى وصدق بالحسنى فسنيسره للحسنى جزاء الخير لازم يكون خير ، اما الجزء من الايه القاسى جدا "واما من بخل واستغنى وكذب بالحسنى والعياذ بالله فسنيسره للعسرى" والعياذ بالله يعنى اللى كذب بربنا واستغنى عنه وكذب بلقائه وبلا اله الا الله وبالجزاء فى الاخره فالجزاء هيكون التيسير له فى الشر وزياده معاصيه وبالخذلان فى الدنيا والاخره
اللهم انفعنا بما قلنا وسمعنا وقرأنا ، اللهم امين

REAL ESTATE SECTOR

IN THE NAME OF ALLAH THE MOSR GRACIOUS THE MOST MERCIFUL
REAL ESTATE SECTOR HAS BEEN BOUNCING OF MARCH LOW  IN THREE WAVE SO FAR, IF SO.... ,IT SUPPOSEED TO BE  IN THE MINUTE THIRD WAVE OF C  MINOR C WAVE THAT COULD HIT 43
THIS COUNT STILL VALID AS LONG AS PRICES HOLD ABOVE 33.70

2021-01-16

ANNOUNCED SHARE BUYBACKS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
SHARE BUYBACKS ARE ON THE RISE THAT IS GOOD NEWS FOR STOCKS

OIL


 IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WILL OIL PRICE BOUNCE BACK IN 2021 ؟ 

2021-01-15

SOFT COMMODITIES


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WILL FOOD INFLATION THREATEN THE ECONOMIC RECOVERY

EUR vs USD


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I THINK EURO TO US DOLLAR TUMBLED OVER THE PAST WEEK FROM TOP OF 1.2350 WAS EXPECTED FOR MANY THINGS, FIRST WE HAVE MENTIONED PREVIOUSLY ON 11/12/2020 THAT THE EURO FORMED CRAB SELL PATTERN WOULD COMPLETE AT 1.2265-1.2295 RANGE
https://stockcharts-home.blogspot.com/2020/12/eur-vs-usd_11.html 
 PAIRED WITH THE COMPLETION OF INTERMEDIATE WAVE (2) OR (B) AT THE SAME LEVEL
 NOTICE, THE DECISIVE BREAKOUT BELOW THE SHORT TERM UPTREND SUGGESTING THE TOP IS IN PLACE, ALSO ON MACD INDICATOR MOMENTUM FAILED TO FOLLOW THROUGH THE PRICE NEW HIGH, THIS IS A BEARISH DIVERGENCE IT WAS A WARNING THAT THE RALLY WAS WEAKINING BEFORE IT TURNS, AND THE TREND NEARST AN END, THEN PRICE DURING ITS DECLINING BREAK BELOW THE KEY LEVEL 1.2209 WHICH CONFIRMED THE CORE UPTREND CHANGED FROM BULLISH TO BEARISH 
BE AWARE, ACCORDING TO MY PRESPCTIVE THE DECLINE WILL BE AGGRESSIVE, WETHER IT‘S THE THIRD WAVE (3) OR (C) WAVE, AS THE TWO HAVE THE SAME PRICE BEHAVIOR 

2021-01-14

INDIVIDUAL INVESTORS ACTIVITY IN OPTIONS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DOES THE BOOM IN OPTIONS TRADIND BY INDIVIDUAL INVESTORS SUGGEST A FUTURE MARKET MELTDOWN


CONCEPT OF CONFIRMATION OF NEW DOW THEORY


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
ABOUT CONCEPT OF CONFIRMATION OF DOW THEORY,TODAY BECAUSE THE MAKEUP OF THE ECONOMY IS SO DEIFFERENT THAN IN DOW‘S AND HAMILTON‘S TIME, WE USE  S&P 500 INDEX AND RUSSEL 2000 INDEX
ON THE SECOND CHART
NOTICE:- IN SEP 2018 BOTH THE S&P 500 AND RUT 2000 RECORDED NEW TIME HIGHS, THE PRIMARY TREND WAS ALREADY BULLISH,THIS CONFIRMATION IS JUST VALIDATED THE PRIMARY TREND AS BULLISH
BUT IN FEB 2020 TROUBLE BEGAN TO SURFACE WHEN THE RUT2000 FAILD TO CONFIRM THE NEW HIGH SET BY S&P 500, THIS SERVED AS A WARNING SIGN BUT DID NOT CHANGE THE TREND
ON MARCH 6 RUT 2000 RECORDED A NEW REACTION LOW, 3 DAYS LATER THE S&P 500 RECORDED A NEW REACTION LOW AND CONFIRMED A CHANGE IN THE PRIMARY TREND FROM BULLISH TO BEARISH
IN MARC THE RUT 2000 FORMED A HIGHER LOW WHILE THE S&P 500 RECORDED A NEW REACTION LOW, THIS WAS ANOTHER NON CONFIRMATION INDICATED A POSSIBLE CHANGE IN TREND
AFTER A HIGHER LOW THE RUT 2000 FOLLOED THROUGH WITH A HIGHER HIGH  ON APRIL 8, TWO DAYS PRECEDED BY THE S&P 500 ON  APRIL 6 WAS ALSO ADVANCING HIGHER AND  THE PRIMARY TREND JUST CONFIRMED(SOME TECHNICAL ANALYSTS DISAGREE ON THIS POINT,WETHER THE PRIMARY BULL TREND CONFIRMED OR IT JUSTTHE BEGINING OF THE BULL TREND 
EVENTUALLY WHEN THE TWO INDEXES SURPASSED THE OLD PEAK,  I PREFER TO CALL THE PRIMARY UPTREND INDEED RESUMED



2021-01-13

PENNY STOCKS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
INDIVIDUAL INVESTORS ARE TRADING PENNY STOCKS AGGRESSIVELY, ESPECIALLY THE LOWEST PRRICED

BTC vs USD UPDATE


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN AFTER BOTTOMED AT 30600 AND BOUNCING FROM THERE NEEDS TO CLOSE ABOVE $36500 , IT‘S THE BEGINING OF RESUME THE UPTREND AND CRACKS UP THE OLD PEAK AT $42000 TO RESUME THE CORE UPTREND AND NOTCHING NEW TIME HIGH AT  $46000-$47000 RANGE
ALTERNATE COUNT:- MINUTE FOURTH WAVE UNFOLD INTO TRIANGLE, IF SO ..... EXPECT SHARP MOVE TO UPSIDE

2021-01-12

HIGH YIELD SPREADS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US HIGH YIELD SPREADS HAVE TIGHTENED TO 2018 LEVELS

FINANCIAL SECTOR IN S&P 500


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FINANCIAL STOCKS IN THE S&P 500 HAVE GAINED MORE THAN 32% SINCE THE END OF OCTOBER

GOLD (ELIOTT WAVE, HARMONIC)


IN THE NAME OF ALLAH THE MOSTGRACIOUS THE MOST MERCIFUL
GOLD MAY TO FACE MORE PAIN, DESPITE REBOUNDING FROM LOW OF $1817
OUR NEW INTERPRETATION IS BASED ON THE BIGGER PICTURE AND SOME ADJUSTMENTS TO OUR PRIMARY ELLIOTT SCENARIO, THE HISTORIC PEAK AT $1920 WAS THE TOP OF PRIMARY THIRD WAVE,THEN PRIMARY FOURTH WAVE HAS BOTTOED AT $1046.SINCE THAT PRIMARY FIFTH WAVE HAS COMMENCED. AND WE HAVE BEEN   TRACKING GOLD ON THE SMALLER DGREE
AS SHOWN ABOVE, GOLD COMPLETED THE MINOR THIRD WAVE AT $2075,THEN MINOR FOURTH WAVE IS STILL ONGOING TO SEARCH ITS BOTTOM, WE HAVE NOTED HERE THAT THE MINUTE FIFTH WAVE OF MINOR THIRD WAVE WAS EXTENDED.WHICH IS FOLLOWING A SHARP CORRECTION BACK TO THE SECOND SUBWAVE OF THE EXTENSION,SO EXPECT PRICES HOLD AT $1700-$1750 RANGE ON CONDITION THAT $1765 IS BROKEN
THE SECOND DIAGRAM SHOWS THE BEARISH ALTERNATE BAT PATTERN I MENTIONED IT EARLLY IN THAT POST AND EXPECTED GOLD WILL REACH $2050
https://stockcharts-home.blogspot.com/2020/07/gold.html
TODAY I‘D LIKE TO CONFIRM THE ELLIOTT SCENARIO BY HARMONIC‘TARGETS
THE FIRST DOWNSIDE TARGET AT 0.382% OF AD AT ROUGHLY $1700,AND WE WILL SEE THERE IF GOLD HOLD, OR CONTINUE TO DECLINE TO THE SECOND TARGET AT $1450

2021-01-11

S&P 500 VS COMMODITIES


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THE S&P 500 RELATIVE TO COMMODITIES IS TRADING AT THE HIGHEST VALUATION LVEL SINCE 1916

BTC vs USD UPDATE


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN IS ON TRACK
OBECTIVES, WE‘RE MENTIONED EALIER IN THE LAST ANALYSIS STILL VALID
https://stockcharts-home.blogspot.com/2021/01/blog-post_7.html

2021-01-09

INFLATION ASSETS VS DEFLATION ASSETS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
IS INFLATION ASSET UNDERPERFORMANCE OVER

US-10YT


 THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US 10YT SPIKED ABOVE 1% FOR THE FIRST TIME SINCE MARCH AND REAHED TO 1.21% AFTER THE CONGRESS AFFIRMS BIDEN‘S WIN 
HIGHER THE 10YT HAVE BOOSTED THE DOLLAR POSITIVELLY AS I MENTIONED  YESTARDAY AND TRIGGERED A SELLOFF IN GOLD, INCREASING THE OPPORTUNITY COST OF HOLDING NON INTEREST BEARING GOLD
BUT I EXPECT THE RATE TO REMAIN IN THE 0.7-1.2 RANGE ACCORDING TO MY INTERPRETATION

     

2021-01-08

GOLD BULL MARKETS


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLD BULL MARKETS

DOLLAR INDEX


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AFTER THE USD DOLLAR INDEX HAS REBOUNDED FROM 89.425, AND COMPLETED THE MINUTTE THIRD WAVE (GREEN) , MOST LIKELY DOLLAR IS CONTINUEING HIGHER TOWARD 91 LEVEL, THEN RESUME ITS DECLINE TOWRD 88.253
BUT, NOTICE  BREAKOUTS BELOW 88.253, THE PRIMARY COUNT(1.2.3,,,5 OF PRIMARY FIFTH WAVE) IS NEGATE

US GDP GROWTH FORECASTS



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLDMAN SACHS IS MORE OPTIMISTIC THAN CONSENSUS AND NOW EXPECTS 2021 US GDP TO GROW AT 6.4%

2021-01-07

GOLMANSACHS BRENT CRUDE FORCAST


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLMANSACHS, BRENT CRUDE FORCAST

BTC vs USD ( BITCOIN)



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WHEN WE  KNOW ,BITCOIN IN THE THIRD OF THIRD WAVE THE STRONGEST WAVE EVER IN THE ACTIONARY WAVES OF ELLIOTT WAVE, IT‘S NORMAL TO SEE THE VERTICAL ASCENT, POSITIVE MOMENTUM AND PRICES SMASH THE OBEJCTIVES, IN LESS THAN 3 WEEKS BITCOIN HAS DOUBLED IN PRICE AND REACED MORE THAN $40000
THE NEXT UPSIDE TARGET COULD BE $41000 THEN $45000
FINALLY  BITCOIN HAS THE POTENTIAL TO REACH THE $49000 . BUT THINGS WILL NOT FINISH THERE, THERE‘S  LOT OF GAS LEFT IN THE TANK TO DRIVE BITCOIN HIGHER

US MONY SUPPLY GROWTH vs S&P 500


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
TOTALLY CRAZY ! US MONY SUPPLY GROWTH